2006-11-11 16:13:55 · 3 answers · asked by Anonymous in Education & Reference ➔ Financial Aid
I don't believe so. As I recall the school has to be able to accept the deposit or transfer of the funds from the federal bank. Also the school must be able to account for these funds to the government thus placing you back into the Catch-22 of the school having to be in the program.
2006-11-11 16:18:05 · answer #1 · answered by iraq51 7 · 1⤊ 0⤋
I guess what you are trying to say is to get loans from direct lender which is the U.S government. Not all schools participate in this program. Why? b/c they enticed by big corporation that give them incentives. Some schools are involve with FFEL which is private lenders. The difference, normally there is no orgination fee, while direct lenders are working to eliminate it. I hope this answers your question
2006-11-12 00:51:04 · answer #2 · answered by sunshine23511 5 · 1⤊ 0⤋
If your school doesn't get federal student loans it is probably because it's not accredited. If your school is not accredited, your degree or courses may be worthless, especially if you try to transfer to another school or go for advanced education.
2006-11-12 00:17:31 · answer #3 · answered by Laughing Libra 6 · 1⤊ 0⤋